Sunday, August 16, 2009

Nifty - Time to slow down & watch


Nifty Fibb target of 61.8% is around 4780 & from here on there are chances of correction. To support this view i have posted daily chart of Nifty where there is a clear negative divergence with MACD.


Week starting from 17th August can be decider. Lets Watch. :-)

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